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HB 388/FN/LM (BR 1083) - R. Heath, K. Fleming , S. Santoro

     AN ACT relating to tax increment financing and declaring an emergency.
     Amend KRS 65.7045 to define "technology park"; amend KRS 65.7043 and 65.7049 to expand mixed-use development projects to include a mixed-use development with a technology park; amend KRS 154.30-060 to expand the definition of "mixed-use" project and to delete the upper investment limit on a project that can qualify as a mixed-use development project; amend KRS 65.7053 to conform; provide that the provisions of the Act are effective for applications for which a Tax Incentive Agreement has not been approved prior to the effective date of this Act; EMERGENCY.


AMENDMENTS

     HCS1/LM - Amend KRS 65.7045 to define "technology park"; amend KRS 65.7043 and 65.7049 to expand mixed-use development projects to include a mixed-use development with a technology park; amend KRS 154.30-060 to expand the definition of "mixed-use" project and to delete the upper investment limit on a project that can qualify as a mixed-use development project; amend KRS 65.7053 to conform; provide that the provisions of the bill are effective for applications for which a Tax Incentive Agreement has not been approved prior to the effective date of this bill; EMERGENCY.
     SCS1/LM - Retain original provisions; amend KRS 154.30-030 to allow convention facility projects located within an urban-county government to apply and receive tax increment financing incentives without submitting a report prepared by an independent consultant or financial advisor.
     SCS2/LM - Amend KRS 65.7043 to include a mixed-use development project which includes a merchant solar electric generating facility as a qualification for a mixed-use development area for previously undeveloped land and to specify that the facility is subject to review and approval of the Kentucky State Board on Electric Generation and Transmission Siting and the provisions of KRS 278.700 to 278.716 when it exceeds 2 megawatts of generation capacity; amend KRS 65.7045 to define a merchant solar electric generating facility; create a new Section in KRS Chapter 278 to state a merchant solar electric generating facility which exceeds 2 megawatts of generating capacity is subject to the review and approval of the Kentucky State Board on Electric Generation and Transmission Siting and the provisions of KRS 278.700 to 278.716; amend KRS 154.30-060 to expand the definition of "mixed-use" and to allow provisions previously restricted to urban-county and consolidated-local governments to be available to all counties; amend KRS 65.7049 to make a technical change; amend KRS 65.7053 to conform; amend KRS 189.2301 to remove the exception to the axel weight provisions for vehicles in excess of posted bridge weight limits; EMERGENCY
     SCS3/LM - Amend KRS 65.7043 to include a mixed-use development project that includes a tract of undeveloped land that was owned by a liberal arts educational institution and bounded on one side by a four lane United States highway; amend KRS 154.30-060 to expand the definition of "mixed-use" and to allow provisions previously restricted to urban-county and consolidated-local governments to be available to all counties; amend KRS 65.7049 to make a technical change; amend KRS 189.2301 to remove axle weight exception to the provisions; EMERGENCY.
     SCA1( S. Humphries ) - Make title amendment.

     Feb 15, 2017 - introduced in House
     Feb 16, 2017 - to Appropriations & Revenue (H)
     Feb 23, 2017 - reassigned to Economic Development & Workforce Investment (H)
     Feb 27, 2017 - posted in committee
     Mar 02, 2017 - reported favorably, 1st reading, to Calendar with Committee Substitute
     Mar 03, 2017 - 2nd reading, to Rules
     Mar 06, 2017 - posted for passage in the Regular Orders of the Day for Monday, March 6, 2017; 3rd reading, passed 92-0 with Committee Substitute; received in Senate
     Mar 07, 2017 - to Appropriations & Revenue (S)
     Mar 14, 2017 - taken from Appropriations & Revenue (S); 1st reading; returned to Appropriations & Revenue (S); reported favorably, to Consent Calendar with Committee Substitute
     Mar 15, 2017 - 2nd reading, to Rules
     Mar 29, 2017 - taken from Rules; recommitted to Appropriations & Revenue (S)
     Mar 30, 2017 - reported favorably, to Rules with Committee Substitutes (2) and committee amendment (1-title) as a consent bill; posted for passage in the Consent Orders of the Day for Thursday, March 30, 2017; taken from the Consent Orders of the Day; recommitted to Appropriations & Revenue (S); reported favorably, to Rules with Committee Substitute (3); posted for passage in the Regular Orders of the Day for Thursday, March 30, 2017; 3rd reading; Committee Substitutes (1) and (2) withdrawn; passed 38-0 with Committee Substitute (3) and committee amendment (1-title); received in House; to Rules (H); posted for passage for concurrence in Senate Committee Substitute (3) and committee amendment (1-title); House concurred in Senate Committee Substitute (3) and committee amendment (1-title); passed 74-14; enrolled, signed by Speaker of the House; enrolled, signed by President of the Senate; delivered to Governor
     Apr 10, 2017 - signed by Governor (Acts, ch. 174)